This paper presents the final result of a joint EU and Russian project called ICOEUR (Intelligent Coordination of Operation and Emergency Control of EU and Russian Power Grids). The presented results are about the extension and interconnection of large scale power systems from the perspective of monitoring and control. In this paper the authors identify algorithms and monitoring technologies for the identification of full system states and dynamic behavior of system. The algorithms are validated with realistic models from the European and Russian power system. The results lead to a coordination platform which applies Distributed and Dynamic State Estimation in order to manage cross border flows.